Clipped from: https://www.thehindubusinessline.com/news/axis-bank-launches-digital-loans-for-msmes/article70430547.ece
This fully digital product offers unsecured loans ranging from ₹2 lakh to ₹20 lakh, enabling merchants, particularly retail shops, to access quick credit and repay through everyday instalments aligned with their business cash flows.
Applicants receive an instant credit decision within minutes, and funds are disbursed within few days.
Private sector lender Axis Bank today launched ‘Digital Merchant Cash Advance Loans’, a cash-flow-based lending product for micro and small businesses (MSMEs) across India.
This fully digital product offers unsecured loans ranging from ₹2 lakh to ₹20 lakh, enabling merchants, particularly retail shops, to access quick credit and repay through everyday instalments aligned with their business cash flows. “The solution is entirely digital, with eligibility evaluated through cash-flow intelligence and other parameters rather than traditional financial statements. As part of the loan journey, customers will also be extended Axis Bank current account services, ensuring a seamless end-to-end experience from on-boarding to disbursement,” the bank said in a release.
Applicants receive an instant credit decision within minutes, and funds are disbursed within few days. Repayments are automatically collected through daily instalments, allowing merchants to repay based on actual sales instead of hefty EMIs. This Everyday Instalment (EDI) model offers repayment flexibility and helps maintain steady working capital, the bank said.
Published on December 23, 2025
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